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Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."


GREY:PGDIF - Post by User

Comment by greex27on Nov 20, 2016 3:58pm
116 Views
Post# 25487038

RE:RE:RE:RE:My bet is

RE:RE:RE:RE:My bet isNorthmark is correct...JK did keep his rating as suggested. So subscribers...I'm so concerned that the F brothers will do another discounted placement that as a US resident I can't participate, so I'm going to bail and you guys stay put because it will all be okay...What happens to the SP when they do a discounted offering? The SP drops to meet the offering so JK can participate indirectly if he'd like. The combination of JK's passion for SCY and his increasing frustration with the F brothers has brought him to a fork in the road and he veered to SCY. So while the fundamentals may be the same JK's actions speak louder than his written word...

I'm long PGD but JK has his ear closer to the ground than I, he must feel that a discounted offering is possible if not imminent. The SP will pop if we bring in an equity participant or JV partner so why bail now? 

"toxic"


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